The following table shows worldwide sales of a type of phòne and Year 2012 2013 2017 Selling Pricep ($100) Sales q (billions) 0.6 1 Find the regression line (round coefficients to one decimal place). q(p) = %3D Use the regression line to estimate the demand (in millions of units sold) when the selling price was $340. million 2.

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ISBN:9781938168383
Author:Jay Abramson
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Chapter4: Linear Functions
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Problem 30PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
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The following table shows worldwide sales of a type of phòne and
Year
2012
2013
2017
Selling Pricep ($100)
Sales q (billions)
0.6
1
Find the regression line (round coefficients to one decimal place).
q(p) =
%3D
Use the regression line to estimate the demand (in millions of units sold) when the selling price was $340.
million
2.
Transcribed Image Text:The following table shows worldwide sales of a type of phòne and Year 2012 2013 2017 Selling Pricep ($100) Sales q (billions) 0.6 1 Find the regression line (round coefficients to one decimal place). q(p) = %3D Use the regression line to estimate the demand (in millions of units sold) when the selling price was $340. million 2.
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